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Home›Earnings›Results›Applovin shares drop after Q2 revenue miss

Applovin shares drop after Q2 revenue miss

Applovin’s stock fell 17% after the company reported second-quarter revenue below analysts’ expectations, CNBC Earnings said.

Reported · Written up by our desk · Results

Applovin shares fell sharply after the company missed expectations for second-quarter revenue, according to CNBC Earnings.

The outlet reported that the stock dropped 17% on Thursday following the Q2 earnings miss, with revenue coming in below what analysts had expected.

CNBC Earnings also noted that the decline reflected weaker-than-expected top-line results for the quarter.

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Sources

CNBC EarningsApplovin stock tanks on Q2 revenue miss

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